Opinion – Friday 28 April 2017

After some mis-communication in March, ECB President Mario Draghi chose his words especially carefully and stuck to his script at his post ECB press conference yesterday lunch time. He retained his easy rhetoric but eyed some improvement in the balance of growth...

Opinion – Thursday 27 April 2017

Yesterday was a relatively quiet trading session in markets with US politics dominating the headlines. The much awaited Trump’s tax plan was short on new details and given the light economic calendar there has not been a lot to influence markets. US equities closed...

Opinion – Wednesday 26 April – 2017

Markets have continued to rally hard on the back of the French Presidential elections on Sunday. European equities have surged a massive 4%, while the Euro has risen 2.1% since the weekend to be 1.0935 – its highest close since mid-November. The fear index (VIX) has...

Opinion – Tuesday 25 April 2017

Relief spread through the Global Financial Markets after France’s Election left a Centrist on track for the Presidency, easing concerns that the country will leave the Euro Currency Bloc. US Stocks followed Europe higher while Treasuries and Gold fell as volatility...

Opinion – Monday 24 April 2017

The final results of the first round of voting in the French presidential election aren’t yet confirmed. Yet the certainty of a Le Pen/Macron one-two, with Le Pen not scoring much more than pre-election poll predictions of the low to mid 20 percent’s, means...

Opinion – Friday 21 April 2017

We have had a fair bit of news to digest since I posted 24 hours ago, and some market price action across currencies, bonds and equities to accompany it. The net result, in FX-land, is that the Euro is (slightly) higher, as too are the Australian and New Zealand...